Heartland Ag Edge
Heartland Ag Edge
Cattle Prices Soar Amid Tight Supply
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Cattle Prices Soar Amid Tight Supply

Grain futures declined as Argentina reduced export taxes, impacting soybeans, corn, and wheat markets. Improved South American rain forecasts added pressure.

Grain futures are lower across the board today. Yesterday afternoon, Argentina announced they were lowering their export taxes. For example, soybean export taxes, previously 33%, have been reduced to about 26%. While Argentina doesn't sell many raw soybeans, focusing instead on soybean meal and soybean oil, the export taxes for these products have also …

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